Walmart tops quarterly estimates, backs long-term forecast as it focuses on value amid rising food prices
The retailer said it is focused on keeping prices low, as some shoppers get nervous about inflation.
The retailer said it is focused on keeping prices low, as some shoppers get nervous about inflation.
The company beat revenue estimates but missed earnings expectations for the fourth quarter.
The food delivery company reported better-than-expected revenue for the fourth quarter, as well as total orders that topped analysts' expectations.
Nvidia reported fourth-quarter earnings on Wednesday.
Cisco topped estimates in its largest segments, but the company's Hybrid Work segment that includes Webex came in lower than expected as revenue declined 9%.
The average rate for a 30-year fixed-rate loan was 3.92% for the week ended Thursday, the highest since May 2019.
The e-commerce company’s plan to build warehouses to better compete with Amazon makes sense but dents its asset-light model.
The German financial company faces probes and lawsuits from investors over losses from options bets.
As part of the renegotiated agreement, the firm’s valuation was doubled, to $9 billion from $4.5 billion, according to a filing.